Petrochemicals Capacity and Capital Expenditure (CapEx) Outlook, 2022-2030 - Asia continues to Lead Global Petrochemical Capacity Additions
Summary
Global petrochemical capacity is poised to see considerable growth over the upcoming years, potentially increasing from 2,285.1 million tonnes per annum (mtpa) in 2021 to 3,088.8 mtpa in 2030. Around 1944, planned and announced plants are slated to come online by 2030, primarily in Asia and the Middle East. Reliance Industries Ltd, Haldia Petrochemicals Ltd, and China Petrochemical Corp are the top three companies by planned and announced capacity additions globally over the upcoming years.
Scope
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